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Crypto Prune > News > Crypto > Ethereum > 92,873 Ethereum 10 minutes, what’s going on?
Ethereum

92,873 Ethereum 10 minutes, what’s going on?

7 months ago 3 Min Read

Ethereum (ETH) The whale was in active mode, with a total of 92,873 ETH transferred to different platforms within 10 minutes. Whale Alert, on-chain platform, Tracking Three transactions involving these large holders.

Whale Alert flags $236 million in Ethereum trade

According to the data platform, the largest of the three Ethereum transactions occurred between two unknown wallets. 40,000 ETH was involved, with market price of $2,548.16 at $101,926,554, running in one move.

The second transaction was started from Binance Exchange and sent to an unknown wallet. The transfer of Fiat currency over $83.89 million totaled 32,873 ETH.

🚨🚨🚨32,873 #eth (83,899,009 USD) transferred from #binance to unknown wallethttps://t.co/h2b4oxtguk

– Whale Alert (@Whale_Alert) July 4, 2025

These two moves suggest bullish sentiment, as it appears that both whales are likely to sell their assets. Accumulation. In particular, the transaction from Binance to an unknown wallet shows the reliability of the whales in ETH’s future prospects. Eliminating such a large amount of Ethereum from exchanges for possible storage supports this assumption.

The last transaction monitored by the whale alert is different from the previous two. Unlike the others, this came from an unknown wallet and was moved to a Coinbase facility. This included the relocation of 20,000 ETH, worth $51.009 million.

This last move to Coinbase shows that the owner may be preparing for sale. Such developments could increase sales pressure and possibly affect Ethereum prices in the market. It is also possible that investors are recalibrating their exchange holdings.

What’s next for Ethereum Price Outlook?

Anyway, market participants are closely monitoring the price movements of major Altcoin to see how they respond to these transactions. At the time of writing, Ethereum was trading It was $2,550.29, representing a 1.69% decline over the last 24 hours.

See also  Ethereum Curse: First-ever ETH Treasury Treasury is suffering from Sharo 73% crash - Details

Assets plummeted from their peak at $2,635.19 as trading volume fell 30.55% to $181.9 billion. The decline in Ethereum’s momentum volume and technical denials affected the price outlook.

With whales in several moves, it could help their assets recover from the recent decline to low levels. especially, price It’s over the $2,500 support level.

TAGGED:EthereumEthereum News
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